http://www.africancapitalmarketsnews.com/180/privatization-of-nairobi-stock-exchange/ News and developments on African capital markets, includes: African securities, African stock exchanges/stock markets, African equities, African bonds, African private equity/venture capital, and African social impact investment Sat, 04 Feb 2012 11:05:36 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.africancapitalmarketsnews.com/180/privatization-of-nairobi-stock-exchange/comment-page-1/#comment-765 Tom Minney Thu, 17 Dec 2009 14:26:22 +0000 http://www.africancapitalmarketsnews.com/?p=180#comment-765 A critical question is whether the market will be dominated by stockbrokers or have a structure that gives retail and insitutional investors, issuers and other stakeholders a strong voice. Anything that gives investors and issuers a better deal is the most important, and this includes looking for more liquidity. That said, Nairobi SE seems one of the more dynamic exchanges in Africa. A critical question is whether the market will be dominated by stockbrokers or have a structure that gives retail and insitutional investors, issuers and other stakeholders a strong voice. Anything that gives investors and issuers a better deal is the most important, and this includes looking for more liquidity. That said, Nairobi SE seems one of the more dynamic exchanges in Africa.

]]> http://www.africancapitalmarketsnews.com/180/privatization-of-nairobi-stock-exchange/comment-page-1/#comment-739 rob stangroom Sat, 12 Dec 2009 06:50:27 +0000 http://www.africancapitalmarketsnews.com/?p=180#comment-739 Does the NSE make a profit? Will the demutualisation result in a big market technical partner coming in? How exactly will the market benefit? Not enough info I am afraid. I doubt it will proceed smoothly given the nature of the Kenyan market, but I hope it does. In the absence of a critical mass of investors wanting to pay for subscription products how is the NSE going to "grow the value of existing business lines". Rent seeking from trading information? The relationship between the NSE and CMA will be by way of MOU. The formula for share allocation is to be agreed by the members and Government will still be a shareholder + there's likely to be a capital raise. Recipe for long delays. I say nothing will happen in 2010. Does the NSE make a profit? Will the demutualisation result in a big market technical partner coming in? How exactly will the market benefit? Not enough info I am afraid. I doubt it will proceed smoothly given the nature of the Kenyan market, but I hope it does. In the absence of a critical mass of investors wanting to pay for subscription products how is the NSE going to “grow the value of existing business lines”. Rent seeking from trading information? The relationship between the NSE and CMA will be by way of MOU. The formula for share allocation is to be agreed by the members and Government will still be a shareholder + there’s likely to be a capital raise. Recipe for long delays. I say nothing will happen in 2010.

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